Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies

1997 - 2025

From Banco de Portugal, Economics and Research Department
Contact information at EDIRC.
Bibliographic data for series maintained by DEE-NTD ().

Access Statistics for this journal.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

2013

The implementation of the countercyclical capital buffer: rules versus discretion

Diana Bonfim and Nuno Monteiro

A Macro-prudential Policy for Financial Stability

Rita Basto

Option trade volume and volatility of banks’ stock returns

Rafael Barbosa and Martin Saldias

Bank interest rates on new loans to non-financial corporations– one first look at a new set of micro data

Carlos Santos

Investment Decisions and Financial Standing of Portuguese Firms – recent evidence

Luísa Farinha

Is there a risk-taking channel of monetary policy in Portugal?

Carla Soares and Diana Bonfim

The price elasticity of external demand of Portuguese exports: a comparison with other euro area countries

Cristina Manteu and Sonia Cabral

Labor unions, union density and the union wage premium

Pedro Portugal

Segmenting wages

Mário Centeno and Álvaro A. Novo

Confidence and economic activity: the case of Portugal

Maria Tereza Punzi

The import content of global demand in Portugal

António Rua, Fátima Cardoso and Paulo Esteves

The determinants of downward wage rigidity: Some methodological considerations and new empirical evidence

Fernando Martins and Daniel Dias

The macroeconomic effects of legislated tax changes in Portugal

Lara Wemans and Manuel Coutinho Pereira

Short-term macroeconomic forecasts for the U.S. economy using nowcasts of the survey of professional forecasters

Inês Maria Gonçalves

Predicting aggregate returns using valuation ratios out-of-sample

Ana Sequeira

The world tourism exports cycle

Paulo M.M. Rodrigues and P.M.D.C.B. Gouveia

Short-term forecasting of indirect tax revenues: an application for Portugal

Cláudia Braz and Paulo Esteves

Oil price shocks and their effects on economic activity and prices: an application for Portugal

Francisco Craveiro Dias

Business cycle accounting for Portugal

Nikolay Iskrev

Foreign investment and institutional reform: Portugal in European perspective

Paulo Júlio and Ricardo Pinheiro-Alves

Competition in the Portuguese Economy: Estimated Price-Cost Margins Under Imperfect Labour Markets

Ana Cristina Soares and João Amador

Trade and wage inequality

Luca David Opromolla

Assessment of Banco de Portugal’s projection errors for economic activity in the period 2009-12

Banco de Portugal

Output effects of fiscal policy in Portugal: a structural VAR approach

Lara Wemans and Manuel Coutinho Pereira

2012

A Scoring Model For Portuguese Non-Financial Enterprises

António R. Antunes and Ricardo Martinho

Households’ Default Probability: An Analysis Based on the Results of the HFCS

Sónia Costa

Systemic Liquidity Risk

Diana Bonfim and Moshe Kim

Systemic risk analysis and option-based theory and information

Martin Saldias

Access to credit by non-financial firms

António R. Antunes and Ricardo Martinho

Households’ indebtedness: a microeconomic analysis based on the results of the households’ financial

Luísa Farinha and Sónia Costa

The wage gap of immigrants in the Portuguese labour market

Cláudia Duarte and Sonia Cabral

What accounts for Portuguese regional differences in students’ performance? Evidence from OECD PISA

Hugo Reis and Manuel Coutinho Pereira

A view on income redistribution in Portugal and in the European Union

Nuno Alves

The evolution of public expenditure: Portugal in the euro area context

Cláudia Braz

Short-term forecasting for the portuguese economy: a methodological overview

António Rua and Paulo Esteves

Product switching or re-classification? An application to portuguese international trade

Luca David Opromolla and Rúben Branco

An evaluation of government expenditures’ externalities

João Valle e Azevedo

Measuring competition in the Portuguese economy using profit elasticities

Ana Cristina Soares and João Amador

Wavelets in economics

António Rua

Mobility and income inequality in the European Union and in Portugal

Carlos Martins and Nuno Alves

Labour cost-cutting strategies microeconomic evidence from survey data

Fernando Martins and Daniel Dias

On the targeting of short and long term interest rates

Bernardino Adão and Pedro Teles

Revisiting the effectiveness of monetary and fiscal policy in the US, measured on the basis of structural VARs

Manuel Coutinho Pereira

Welfare costs of inflation with distortionary taxation

Bernardino Adão and Andre Silva

Fiscal institutions and public spending volatility in Europe

Bruno Albuquerque

Competition in the Portuguese Economy: a view on tradables and non-tradables

Ana Cristina Soares and João Amador

Segmentation

Mário Centeno and Álvaro A. Novo

2011

Modelling the Evolution of Households’ Defaults

Nuno Alves

The Behaviour of Domestic and non Domestic Banks in the Housing Credit Market: an Analysis Based on Microeconomic Data

Luísa Farinha and Sónia Costa

Towards a CCA-based Systemic Risk Indicator

António R. Antunes, Nuno Silva and Nuno Ribeiro

Estimating the impact of bank mergers: an application to the Portuguese banking system

Diana Bonfim and Pedro Pita Barros

Bank loans and banks’ corporate control: evidence for Portugal

Paula Antão and Miguel A. Ferreira

Debt and extinction of firms

António R. Antunes, Pedro Portugal and José Mata

Sectoral credit risk in the euro area

Martin Saldias

Public-private wage gaps in the period prior to the adoption of the euro: an application based on longitudinal data

Maria Campos

A comparison of the cyclical evolution of various geographic areas of reference with Portugal

Paulo M.M. Rodrigues and Raul Filipe C. Guerreiro

Fiscal devaluation

Isabel Horta Correia

The Quarterly National Accounts in real-time: an analysis of the revisions over the last decade

António Rua and Fátima Cardoso

An analysis of Portuguese students’ performance in the OECD Programme for International Student

Manuel Coutinho Pereira

The impact of the minimum wage on low-wage earners

Cláudia Duarte

Stabilization Policy and Boom-Bust Cycles - Monetary and Macro-Prudential Rules

Maria Tereza Punzi

Rational vs. professional forecasts

João Valle e Azevedo

Learning from the past: fiscal adjustments on the run-up to the euro area

Maria Campos

Fiscal consolidation in a small euro area economy

Gabriela Castro and José Maria

International organisations’ vs. private analysts’ growth forecasts: an evaluation

Ildeberta Abreu

Immigrants in the Portuguese labour market

Cláudia Duarte and Sonia Cabral

Productivity, size and capital intensity in selected Portuguese manufacturing sectors: a non-parametric analysis

João Amador

Fiscal policy in a small euro area economy

Gabriela Castro and José Maria

Good (and not so good) policy at the zero bound

Pedro Teles and Sandra Gomes

Monetary policy and financial stability: an open debate

Carla Soares, Isabel Gameiro and João Sousa